FOR IMMEDIATE RELEASE
Contact: Catherine Lu, Public Information Officer
(702) 486-6982 / 334-7953
(Las Vegas, NV; November 7, 2011) – Tackling the problem of financial illiteracy among Nevada students head-on, Secretary of State Ross Miller and student mentors today engaged in a game of “Financial Football” – an interactive money management video game with an NFL theme – with students at Walter Bracken Elementary School to begin the educational process of fiscal responsibility. Secretary Miller is distributing free copies of “Financial Football” and “Financial Soccer” to every school district in Nevada who requests them.
The centerpieces of Visa Inc.’s nationwide educational initiative with the NFL (National Football League) and FIFA (Fédération Internationale de Football Association), “Financial Football” and “Financial Soccer” help students tackle their financial futures. The computer-based games are accompanied by a classroom curriculum, and “Financial Football” is available online at http://nv.financialfootball.com and as a free iPhone app on iTunes, along with an optimized HD iPad version.
“It is critical for Nevada students to know how to make smart money management decisions before heading off to college or entering the workforce,” said Miller. “It takes the combined efforts of parents, teachers, and mentors within the community to help children develop and build strong financial muscles. Playing ‘Financial Football’ or ‘Financial Soccer’ is a great way to get Nevada students interested in personal finances and gives them a financial playbook they can use the rest of their lives.
“We are working hard to make sure all Nevada students have access to as many home and classroom resources as possible to help put them on a path to financial freedom and success. Raising the level of financial literacy awareness and education is not something that can be done overnight or by government alone. I am grateful to be joined by partners who share my commitment to financial education.”
Demonstrating broad-based support for having financial education begin at home and extend to the classroom, a new study released by Visa Inc. shows 91% of consumers surveyed believe all students should take a financial education class before graduating.
Visa Inc. and Miller hope “Financial Football” can help students jumpstart the learning process. Both “Financial Football” and “Financial Soccer” put students’ fiscal knowledge to the test with a video game that combines the structure and rules of the NFL and FIFA with financial education questions of varying difficulty. To score points, a player needs to answer various money management questions correctly. Wrong answers and penalties can cost a team yardage. The team with the highest point total after four quarters or two halves wins the game. The games’ content, developed with the cooperation of the NFL and FIFA, incorporates lessons taught through Practical Money Skills for Life, Visa Inc.'s free, award-winning money management program.
“Financial Football” and “Financial Soccer” are part of Practical Money Skills for Life (www.practicalmoneyskills.com), a free, award-winning, teacher-tested and teacher-approved financial education program that is available in English, Spanish and Chinese. The program contains three comprehensive sections, complete with money management resources and lesson plans tailored for use at home, in the classroom or at work. It also contains an array of tips to help prepare for life changing financial events, from planning for a baby to saving for college and retirement, as well as a number of other budget calculators and interactive games. Visa Inc. also runs What's My Score (www.whatsmyscore.org), a leading higher education consumer awareness program. The website guides college students through the ABC's of a FICO credit score, from factors that can lower a score to ways on improving it, at no charge.
Visa operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries. For more information, visit www.visa.com.
Secretary of State Ross Miller goes head-to-head with a fifth-grade student at Walter Bracken Elementary School in a game of "Financial Football." Part of Visa Inc's "Practical Money Skills for Life" program, "Financial Football" and "Financial Soccer" teach players about fiscal responsibility.
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